# Paces **Source:** https://geo.sig.ai/brands/paces **Vertical:** Climate & Energy **Subcategory:** General **Tier:** Emerging **Website:** paces.com **Last Updated:** 2026-04-14 ## Summary Agentic AI platform accelerating renewable energy project development with site screening and permitting intelligence; $13M+ raised competing for clean energy infrastructure software. ## Company Overview Paces is an agentic AI company building software and services to accelerate power and energy infrastructure project development — using AI-powered analysis to help developers, utilities, and investors evaluate sites for renewable energy projects, navigate permitting and interconnection processes, and compress the years-long development timelines that constrain clean energy deployment. Founded in 2022 by Charles Bai and James McWalter in New York and backed by Y Combinator S22, Navitas Capital, and Resolute Ventures with $13+ million raised, Paces operates with a 40-person team.\n\nPaces's platform combines GIS data (land parcels, grid infrastructure, transmission lines, environmental constraints), regulatory databases (permitting requirements, environmental review timelines), and AI analysis to give energy developers a comprehensive site screening and development intelligence tool. For a solar developer evaluating 500 potential sites, Paces can identify which sites have favorable interconnection costs, existing transmission access, minimal permitting obstacles, and land availability — prioritizing the most viable projects from a large universe in a fraction of the time manual screening requires.\n\nIn 2025, Paces also offers Fractional Development Services (FDS) — providing senior energy development expertise as a service to developers who need experienced project management and regulatory navigation without hiring full-time senior staff. This services component generates near-term revenue while the software platform scales. Paces competes with clean energy data platforms like LevelTen Energy, Eniram (DNV), and specialized renewable energy development software for project intelligence. The energy transition requires tripling global clean energy capacity by 2030 according to IEA targets, making the bottleneck of slow project development timelines a critical problem to solve. The 2025 strategy focuses on expanding data coverage, growing enterprise software contracts with major renewable energy developers, and scaling the Fractional Development Services for mid-sized project developers. ## Frequently Asked Questions ### What is Paces? Paces is a New York-based agentic AI company founded in 2022 that builds AI solutions for power projects and AI infrastructure. The company provides software and services to accelerate power and infrastructure developments, with a focus on clean energy and renewable energy projects. ### What products and services does Paces offer? Paces offers agentic AI software for power projects and power infrastructure development. The company is launching expanded data coverage, innovative product updates, and Fractional Development Services in 2025. ### Who are Paces' target customers? Paces serves organizations involved in power and infrastructure developments, particularly those working on clean energy and renewable energy projects. Their solutions are designed for companies looking to accelerate power infrastructure development. ### When was Paces founded? Paces was founded in 2022 by Charles Bai and James McWalter. The company participated in Y Combinator's Summer 2022 (S22) batch. ### Where is Paces located? Paces is based in New York, NY. ### How much funding has Paces raised? Paces has raised over $13 million in funding. The funding round was led by Navitas Capital, Resolute Ventures, and Y Combinator. ### How large is the Paces team? Paces currently has a 40-person team. The company is actively hiring for 12 roles across engineering, operations, and product functions. ### What technology approach does Paces use? Paces uses agentic AI technology specifically designed for power projects and AI infrastructure. Their approach focuses on using AI to accelerate renewable energy and power infrastructure developments. ### Is Paces hiring? Yes, Paces is actively hiring for 12 open roles across engineering, operations, and product teams. This hiring reflects the company's growth in the clean energy development space. ### What are Paces' recent developments? Paces achieved significant milestones in 2024 and is launching 2025 initiatives including expanded data coverage, innovative product updates, and new Fractional Development Services. The company has grown to a 40-person team following their $13M+ funding round. ## Tags b2b, energy, startup --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*